Shell Midstream Partners, L.P. (SHLX)
(Delayed Data from NYSE)
$20.09 USD
+0.03 (0.15%)
Updated May 3, 2019 04:01 PM ET
After-Market: $20.10 (%) 5:22 PM ET
NA Value
NA Growth NA Momentum NA VGMFundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
SHLX 20.09 +0.03(0.15%)
Will SHLX be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for SHLX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for SHLX
The Zacks Analyst Blog Highlights Unum Group, Murphy USA, NOV, H&R Block and Shell Midstream Partners
Buy 5 Mid-Cap Winners of an Extremely Capricious 2022
SHLX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Is Shell Midstream Partners (SHLX) Outperforming Other Oils-Energy Stocks This Year?
Is Enphase Energy (ENPH) Stock Outpacing Its Oils-Energy Peers This Year?
What Makes Shell Midstream (SHLX) a Strong Momentum Stock: Buy Now?